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Jan 20, 2013
01/13
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tax code. >> i do. >> why? >> because it's inefficient, it's ineffective, and its fundamentally unfair. so i believe this -- revenue systems should be used to raise money. it shouldn't be organized to distribute benefits. >> so no tax deductions. >> no deductions, no credits, no nothing. it's to raise revenue. and ideally we should do it with a progressive value-added tax. that means -- >> that's a national sales tax, correct? >> well, it's not quite because progressive is important to me. i don't want people to pay taxes if they have $20,000 a year worth of income, but at $30,000, i'd like people to pay 1 dollar, just $1.00 so they have a legitimate claim for saying i'm part of the society and i don't pay a lot but i pay something. everybody participates. there's no game playing. it's a very efficient way to pay taxes. right now it costs over $31 million a year to administer it. the tax gap that we theoretically owe is $41 billion a year. we can do better than that. we can think better than that. and the presi
tax code. >> i do. >> why? >> because it's inefficient, it's ineffective, and its fundamentally unfair. so i believe this -- revenue systems should be used to raise money. it shouldn't be organized to distribute benefits. >> so no tax deductions. >> no deductions, no credits, no nothing. it's to raise revenue. and ideally we should do it with a progressive value-added tax. that means -- >> that's a national sales tax, correct? >> well, it's not quite...
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Jan 20, 2013
01/13
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b, they pay their back taxes. and c, they pay a small penalty for having broken the law in the first place. >> but let me push you on that because if you don't provide a path to citizenship -- >> i don't think you have to say that they can become citizens. this -- that part of my four-point program's going to be attacked vociferously as amnesty by many people on the republican side. but it's not amnesty. they have a path to citizenship. they do the way every other immigrant does to become an american citizen. >> what would you say to the republicans who will say, look, they should be deported? >> yes. they should never have -- >> and you think what you say to them, look what your position got us in this last election. we need to pay attention to demographics. okay? i said we need to be the party of hope and opportunity. not the party of anger and resentment. >> illegal immigration is just one problem with our current system says michael bloomberg, the mayor of new york city and one of america's most successful bus
b, they pay their back taxes. and c, they pay a small penalty for having broken the law in the first place. >> but let me push you on that because if you don't provide a path to citizenship -- >> i don't think you have to say that they can become citizens. this -- that part of my four-point program's going to be attacked vociferously as amnesty by many people on the republican side. but it's not amnesty. they have a path to citizenship. they do the way every other immigrant does to...
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Jan 16, 2013
01/13
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does the secretary share my concerns the government might further tax a high tax payers in wales? >> government is considering their recommendation of the report and we would be reported by those very shortly. that will be the appropriate time. >> we all know that millionaires spend -- [inaudible] can he tell us dummy millionaires are in wales? >> he knows as well as i do the road, few millionaires in wales. but what i can tell him is that in every year this parliament they will be paying more tax than they did in each year of the last labour government. >> thank you, mr. speaker. but isn't the real danger that with a government changes in tax and benefits in wales, you will see in particular in the community with the vast majority of people work of those people will have less money in their pockets? they will have less money to spend in local shops? there will be more shops closing. there will be fewer people in jobs and it will be a double whammy for the welsh economy? >> if he wants to be taken seriously with having a mess about deficit reduction, he knows you cannot begin to t
does the secretary share my concerns the government might further tax a high tax payers in wales? >> government is considering their recommendation of the report and we would be reported by those very shortly. that will be the appropriate time. >> we all know that millionaires spend -- [inaudible] can he tell us dummy millionaires are in wales? >> he knows as well as i do the road, few millionaires in wales. but what i can tell him is that in every year this parliament they...
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Jan 23, 2013
01/13
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to either tax them or take them. that's the only reason. >> lapierre went on to criticize the president's inaugural speech seeing parts of it at an attack on the nra, the second amendment and gun owners themselves. though there was not a single mention of gun control in monday's speech. >> he did say the word newtown. >>> the disease that most likely played a role in the death of player respect difficult to define because it can't be diagnosed in living people. a new study out of ucla may have changed that. dr. sanjay gupta plains. >> reporter: when he was a backup quarterback in the nfl, wayne clark was lucky to call a play. or throw a pass. in fact he spent most of his time on the sidelines. >> so i didn't take the steady contacts that other players did. >> reporter: except for one game. one concussion in 1972. >> i went down in a slump because i didn't know where i was and what was going. >> reporter: he spent several bleary hours confused. and then boarded a plane back home. >> somewhere over new mexico or arizon
to either tax them or take them. that's the only reason. >> lapierre went on to criticize the president's inaugural speech seeing parts of it at an attack on the nra, the second amendment and gun owners themselves. though there was not a single mention of gun control in monday's speech. >> he did say the word newtown. >>> the disease that most likely played a role in the death of player respect difficult to define because it can't be diagnosed in living people. a new study...
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Jan 21, 2013
01/13
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that is what we've done with child tax credit and it's the record we should support. >> thank you, mr. speaker. the residents enjoy burgers but also love horses. this morning they will be shocked -- shocked to hear that they might have been eating horses. i wonder if the prime minister can reassure us that he and the government are doing a lot to reassure us? >> i think the honorable lady raises a very important issue, raises a very important issue. and it's an extremely serious issue. people in our country will have been very concerned to read this morning that when they thought of buying beef burgers they were buying something that had horse meat in it. that is extremely disturbing news. i've asked the agency to conduct an urgent investigation into this. they have made clear that there is no risk to public safety because there's no food safety risk. but this is a completely unacceptable state of affairs. they will be meeting retailers and protesters this afternoon to they will investigate the supply chain. it is worth making the point that ultimately retailers have to be responsible
that is what we've done with child tax credit and it's the record we should support. >> thank you, mr. speaker. the residents enjoy burgers but also love horses. this morning they will be shocked -- shocked to hear that they might have been eating horses. i wonder if the prime minister can reassure us that he and the government are doing a lot to reassure us? >> i think the honorable lady raises a very important issue, raises a very important issue. and it's an extremely serious...
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Jan 22, 2013
01/13
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. >> has spending too much and higher taxes sapped growth when you're starving for growth? >> reporter: yeah. and christine lagard, the former french finance minister is here. she and others said, yes, it's gone too far. it is stunted growth. while cutting debt, while cutting expenses, it has had the opposite infect. rather than creating growth and creating an environment for businesses to invest because they think governments are being responsible, things have slowed down so much there's been so much unemployment, 11.6% in the euro zone than it's having the opposite effect. we have to find a more dalan ba approach to how we go forward. europe has a disproportionate influence of this conversation. there is a conversation particularly vis-a-vis the united states as to how much is too much and how much austerity, how much in terms of cutting back is actually enough, christine? >> really nice to see you. when you run into indiana jones, he can have his hat back. nice to see you. >> how many bars are there over the world that have pictures of you in them? >> no, i turned 28 at
. >> has spending too much and higher taxes sapped growth when you're starving for growth? >> reporter: yeah. and christine lagard, the former french finance minister is here. she and others said, yes, it's gone too far. it is stunted growth. while cutting debt, while cutting expenses, it has had the opposite infect. rather than creating growth and creating an environment for businesses to invest because they think governments are being responsible, things have slowed down so much...
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Jan 16, 2013
01/13
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tax system. so we know what the answers are. were going to fight it the specifics, but we don't know at what point the political system is going to be willing to make all those traces, which are difficult compromise on both sides and put this issue to rest so we can go back to all the other things were going to fight about. the fact you can sue a policy solutions are more passed the tennis doesn't matter, but everybody recognized the threat that she can't possibly imagine a real growth, and without a sense of stability from knowing what changes obesity you can not planning, investments, job creation, all the necessary pieces of moving the economy forward. but the big wild card is when people are willing to make these type choices instead of using them to fight in the normal political boxes. what do i think's going to happen next? it's often a different path. if you think about prospect theory which basically says when you deliver good news committee want to do it in lots of little pieces. at firs
tax system. so we know what the answers are. were going to fight it the specifics, but we don't know at what point the political system is going to be willing to make all those traces, which are difficult compromise on both sides and put this issue to rest so we can go back to all the other things were going to fight about. the fact you can sue a policy solutions are more passed the tennis doesn't matter, but everybody recognized the threat that she can't possibly imagine a real growth, and...
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self-imposed out costs from society i will cut myself am i going to tax my brother understand i don't want to imaging i'm in awe of going to basically attack the columns of my anger and my frustration. that. stuff well into the dome. two of the most violent gangs in u.s. history. is just all modeled kill or be killed with the colors matching the national flag. but this country uses violence when it reaches its and then it legitimizes the violence they are made in america on the ati. walking back to spotlight i'm now going over just to remind my guest on the show today is still here kitty aqib is the pacer operator on children's rights still at well you mentioned this situation russia you mentioned the conventions the laws you mention the internet well russia has recently adopted a controversial legislation aimed to protect children and teenagers it was discussed all over the media many people strictly gears to the idea is to allow authorities to block websites with certain content including child pornography information drugs etc etc what's more important freedom of speech or protecti
self-imposed out costs from society i will cut myself am i going to tax my brother understand i don't want to imaging i'm in awe of going to basically attack the columns of my anger and my frustration. that. stuff well into the dome. two of the most violent gangs in u.s. history. is just all modeled kill or be killed with the colors matching the national flag. but this country uses violence when it reaches its and then it legitimizes the violence they are made in america on the ati. walking...
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Jan 19, 2013
01/13
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we ought to put a tax on that. bullets ought to be prohibitively expensive. >> a well regulated militia to keep the security of the people, to keep and bear arms. does that speak to the right of securing the nation through a well regulated defense establishment, or does it greenlight some guy in new york to out his garage like an armory? >> the supreme court defers on this. they have basically upheld the second amendment. it does give the protections to gun owners, and it makes it somewhat of a moot issue. this is mostly for show right now. it is a diversion -- i'm all for gun-control -- but it will not happen. it is a diversion from what we need to do, which is dealing with issues like debt, the climate, which polish and do not want to deal with. it is a side show. >> i do not think it is a side show when you have massacres like we have had in the last year. not just newtown. justice scalia's opinion actually said that the government is free to regulate the kinds of weapons that people carry. it says that. >> if y
we ought to put a tax on that. bullets ought to be prohibitively expensive. >> a well regulated militia to keep the security of the people, to keep and bear arms. does that speak to the right of securing the nation through a well regulated defense establishment, or does it greenlight some guy in new york to out his garage like an armory? >> the supreme court defers on this. they have basically upheld the second amendment. it does give the protections to gun owners, and it makes it...
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Jan 17, 2013
01/13
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listen these guys won't even ban assault weapons, how can you trust them on taxes and spending. i see it as building up his political position which is not wrong but i don't think in his heart of hearts he thinks he's going to pass any significant legislation. >> congressman king in the studio after my asking all the time. >> i couldn't stay away from you, soledad. >> she's not really a tough interviewer is she? >> she's very nice and multiracial -- >> are we rolling on this? i love this. keep the nice part. i would appreciate that. >> she was the irish-american woman of the year, there you go. >> and i accepted. nice to have you congressman, appreciate it. >>> other stories making news john has that for us. >> lots of questions about the story involving notre dame's manti te'o and his girlfriend who was supposed to have died but it turns out she never existed at all. so was te'o the victim of an elaborate hoax or somehow involved in a hoax. one thing is crystal clear right now, the university of notre dame is standing by its star player. cnn's ted rowlands in live in south bend
listen these guys won't even ban assault weapons, how can you trust them on taxes and spending. i see it as building up his political position which is not wrong but i don't think in his heart of hearts he thinks he's going to pass any significant legislation. >> congressman king in the studio after my asking all the time. >> i couldn't stay away from you, soledad. >> she's not really a tough interviewer is she? >> she's very nice and multiracial -- >> are we...
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Jan 15, 2013
01/13
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, what he calls a fair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000 euros a month for three years. then he too has the gold makes the rules after all. >> he was always part of the system. it is not as if he fell from the sky with his pockets full. he took full advantage of the political system in austria for many years. he had the former chancellor on his supervisory board, and he had former general secretaries and a finance minister. he made the whole system work for him, and he made a good business out of it. >> it seems to have paid off. according to surveys, his party could make in 13% of the vot
, what he calls a fair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000...
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Jan 17, 2013
01/13
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, what he calls a fair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000 euros a month for three years. then he too has the gold makes the rules after all. >> he was always part of the system. it is not as if he fell from the sky with his pockets full. he took full advantage of the political system in austria for many years. he had the former chancellor on his supervisory board, and he had former general secretaries and a finance minister. he made the whole system work for him, and he made a good business out of it. >> it seems to have paid off. according to surveys, his party could make in 13% of the vot
, what he calls a fair tax. he wants to tighten the law for asylum seekers. there are a lot of issues that he stole from the 1990's. >> the similarities to not end with policies. five mp's from the alliance for the future of austria have already joined him, sending his party straight to parliament, although it has no votes. the party have accused him of buying their lesser-known mp's. two reported that he tried to bribe them. >> he offered 1 million euros. another was offered 15,000...
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Jan 15, 2013
01/13
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they also want to extend the statute of limitations on tax crimes. they want to improve coordination in europe when it comes to issues like exchanging information. angela merkel's christian democrats have criticized the proposals saying they won't work, and accusing the other party of electioneering. the most of what has been suggested is nonsense. -- >> most of what has been suggested is nonsense. >> the spd back to the policy of state government buying cd's. they managed to retrieve millions in lost tax revenues. >> now to an austrian actor who only shot to stardom just a few years ago. thanks to director 1 quentin tarantino, he accepted a golden globes. >> he wowed audiences. >> it was the second global blow -- golden globe for christoph waltz. he knew who to thank. >> my indebtedness to you knows no bounds. >> in "django unchained," he plays a bounty hunter who freeze a slave, intending to make him his partner on the road -- who frees a slave, intending to make him his partner on the road. >> and arnold schwarzenegger handed out this award. >> i
they also want to extend the statute of limitations on tax crimes. they want to improve coordination in europe when it comes to issues like exchanging information. angela merkel's christian democrats have criticized the proposals saying they won't work, and accusing the other party of electioneering. the most of what has been suggested is nonsense. -- >> most of what has been suggested is nonsense. >> the spd back to the policy of state government buying cd's. they managed to...
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Jan 18, 2013
01/13
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we all know the tax code is a disaster. none of us like the tax code. when you talk about the ability to broaden the base, lower the rates and raise revenues, that's a pretty good system. it's pretty desirable to think about how to reform the tax code. but there are a lot of tough things in there when you start talking about the specifics of the fact that we need to deal with the home mortgage interest deduction or state and local taxation. then it gets more difficult. so what we've done is we've done the easiest pieces. capping discretionary spending is easy. you don't even have to talk about a single specific policy. taxes the 1% is pretty darn easy. it's going to take more than that to fix the problem. now what we've left is the hardest parts, and so it's how we're going to unravel those next bits. so clearly, the next piece is going to have to focus on entitlement reform. that's the biggest fix that has yet to be addressed. we have three action-forcing moments coming up in the next couple months; the sequester, which they extended for two months, an
we all know the tax code is a disaster. none of us like the tax code. when you talk about the ability to broaden the base, lower the rates and raise revenues, that's a pretty good system. it's pretty desirable to think about how to reform the tax code. but there are a lot of tough things in there when you start talking about the specifics of the fact that we need to deal with the home mortgage interest deduction or state and local taxation. then it gets more difficult. so what we've done is...
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Jan 17, 2013
01/13
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. >>> a northern california man facing a $14,000 property tax bill, paid his tab in rolls of coin. stacks of dollar bills. larry casper said he tried to pay half his bill weeks ago but the county would only accept payment in full. so he asked family to empty out their piggie banks. every year at this time, this becomes the park city, utah sundance film festival. sundance traditionally a mecca for independent films. some 50,000 people expected to descend on the town over the next ten days. next week you guys are traveling to sundance, right? >> i'm heading to sundance. i'll be part of those 50,000 people. it's my first time at sundance. >> you are so fabulous, aren't you? >> yes, yes, i'm trying to figure out what to wear. if you have advice, let me know. >> you'll look glamorous, no doubt. >> gloves and boots. >> i'm hearing it's rather cold. >>> it is now 18 minutes after the hour, time to get an early read on your news making national headlines this from the new york daily news as it revisits the story of katie beers. 20 years as a girl she was kidnapped and held for two weeks in
. >>> a northern california man facing a $14,000 property tax bill, paid his tab in rolls of coin. stacks of dollar bills. larry casper said he tried to pay half his bill weeks ago but the county would only accept payment in full. so he asked family to empty out their piggie banks. every year at this time, this becomes the park city, utah sundance film festival. sundance traditionally a mecca for independent films. some 50,000 people expected to descend on the town over the next ten...
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Jan 15, 2013
01/13
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then it raises $80 in revenue through its tax code. the arithmetic care -- you have got to borrow $20. no, the congress has to give a third rule which says that 100 - 80 equals 20. if the congress is approving spending and taxing, and they are not equal, then logically, there has to be something to make up the difference. that is borrowing. i am not saying that visits and deaths are a good thing thing. not at all. the way to address it is to have a sensible plan for spending and revenue. make decisions about helping the government should be or how small it should be. again, this sort sort of like a family saying, well, we are spending too much, let's stop paying our credit card bills. that is not the way to get yourself into good financial condition. i think it would be a good thing if we did not have it. i do not think that is going to happen. i think it is going to be around. i do hope that congress will allow the government to pay its bills. not raise the possibility of default. that would be very costly to our economy. then address
then it raises $80 in revenue through its tax code. the arithmetic care -- you have got to borrow $20. no, the congress has to give a third rule which says that 100 - 80 equals 20. if the congress is approving spending and taxing, and they are not equal, then logically, there has to be something to make up the difference. that is borrowing. i am not saying that visits and deaths are a good thing thing. not at all. the way to address it is to have a sensible plan for spending and revenue. make...
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long time europe and japan compete to and supported france to stick by china and the the project the tax it costs over twenty billion u.s. dollars right. thing is it is it raises money or is the taxpayers' money passata on a tax preparation so i have we have a large responsibility to the taxpayer and the state for that but. the twenty billion dollars so it's depend on how much a month each member invest in europe pretty the host cost a member the european union is this more than that a half yes forty five policy here forty five in the european parliament cap the coast through it is six point six billion euro. is the other member of the budget system and i didn't because if i'm not mistaken or india japan china russia south korea and the united states and japan. and japan. and russia and they all pay about nine percent of the yes correct three nine point one percent do what do they get in exchange for that you would know what will russia get. yes government budget and has the responsibility for secure the budget. and very important for and. so the order over the interdiction of property a
long time europe and japan compete to and supported france to stick by china and the the project the tax it costs over twenty billion u.s. dollars right. thing is it is it raises money or is the taxpayers' money passata on a tax preparation so i have we have a large responsibility to the taxpayer and the state for that but. the twenty billion dollars so it's depend on how much a month each member invest in europe pretty the host cost a member the european union is this more than that a half yes...
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Jan 23, 2013
01/13
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the new tax could take effect as early as next year. but leaders in britain and the netherlands oppose the levy. their countries are home to many financial institutions. >>> separately, the leaders of france and germany have pledged to cooperate as concerns persist over the eurozone economy. they're celebrating the 50th anniversary of reconciliation. the elysee treaty was signed in 1963. commemorative events were held tuesday in britain -- in berlin, that is. french and german ministers held a joint cabinet meeting in the city. german chancellor angela america 8 and french president francois hollande made a statement together in parliament to emphasize their ties. they say they're determined to boost cooperation to help europe overcome its challenges. merkel said germany and france will soon make joint proposals to deepen economic integration in the eu. >>> the european debt crisis has revealed rifts between member countries. but merkel and hollande say they hope the celebrations will highlight the e.u.'s ties. >>> and now let's get a c
the new tax could take effect as early as next year. but leaders in britain and the netherlands oppose the levy. their countries are home to many financial institutions. >>> separately, the leaders of france and germany have pledged to cooperate as concerns persist over the eurozone economy. they're celebrating the 50th anniversary of reconciliation. the elysee treaty was signed in 1963. commemorative events were held tuesday in britain -- in berlin, that is. french and german...
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Jan 23, 2013
01/13
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. -- instituting a tax on financial transactions. >> we start with a celebration of a key strategic alliance between europe's two great economies, france and germany. they have been friends for 50 years. >> after centuries of conflict, they culminated in two world wars. speaking at a news conference in berlin, german chancellor angela merkel and french president francois hollande talking about that. >> they promised to unveil proposals in the coming months and it is a big step forward dr. became to power pledging to reverse the plans that merkel had championed. >> it is the first time these bundestag has had a full parliament from another country here. the french president, hollande, recalled the original spirit leading to the historic relationship. >> young people are not only our future but also the reason for the policies that we are pursuing. >> young people in both of our countries have the uncomfortable good fortune that they have never had to experience in it. but peace and democracy. >> he also addressed the economic crisis in europe and chancellor merkel followed suit. she stressed
. -- instituting a tax on financial transactions. >> we start with a celebration of a key strategic alliance between europe's two great economies, france and germany. they have been friends for 50 years. >> after centuries of conflict, they culminated in two world wars. speaking at a news conference in berlin, german chancellor angela merkel and french president francois hollande talking about that. >> they promised to unveil proposals in the coming months and it is a big step...
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Jan 17, 2013
01/13
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and call it a liberal tax. the conservative restaurant owner charges left-wing moore for their drink and donate the cash to right-wing causes. is it a boom for his business? the owner serves as a big helping of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day nning streak falling 23 points. more turbulence for boeing 787 dreamliner. a faulty battery forced an emergency landing of a 787 in japan after a result the japan airlines are grounding their entire dreamliner flight facing safety inspections. shares of boeing fell more than 3%. hewlett-packard rallied more than 4% reported they received buyer interest for the edf units in recent days, however sources say no major sailors coming anytime soon. but we have to move on to the story that everybody is talking about. president obama signing 23 separate executive actions on gun violence today. and those actio
and call it a liberal tax. the conservative restaurant owner charges left-wing moore for their drink and donate the cash to right-wing causes. is it a boom for his business? the owner serves as a big helping of a government economics. even when i say this not, it is always about "money." adam: and a good evening to you. we want to look at the days headline market. a tough day for stocks. the dow snapped a five-day nning streak falling 23 points. more turbulence for boeing 787...
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for was never around stating that what we have and don't want mean the richest people in america or tax close so they get money away. we go to where they're at so that we can see that money. where you have however klaus schwab founder and executive chairman of the world economic forum says business will drive economic growth. so for will or way that hurts or for those who are free . it is all to point to a ship which triumphs economy and social progress economy development and social progress so i don't see in korea have to change drastically is a model for economy course we have to import food and we have to put back it's a cent off the printer. let's take a look at the markets to see how they finished this week over in europe equities ended friday's session mixed to see gained a third of a percent thanks mainly to the metals sector that reacted to two upbeat news from china the dax ended below the line and then here in moscow take a look an impressive day for the equities both of the our t.x. and r.t.s. excuse me and the my six posted very strong gains about one percent each the r.t.s
for was never around stating that what we have and don't want mean the richest people in america or tax close so they get money away. we go to where they're at so that we can see that money. where you have however klaus schwab founder and executive chairman of the world economic forum says business will drive economic growth. so for will or way that hurts or for those who are free . it is all to point to a ship which triumphs economy and social progress economy development and social progress...
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Jan 23, 2013
01/13
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avoidance and tax evasion issues. we need greater transparency about companies and about the land issue. he may even find their are some of the things i'm going to say he might agree with. >> all, he didn't like that. >> will the prime minister cut through the irrelevant arguments come from the other side of the house and give a very simple message to british people, that if we have a conservative government after the next election they will have their say in the referendum on europe if we don't have a conservative government, we won't have -- [inaudible] >> my honorable friend makes a good point. i believe it's right to resettle our relationship with europe, to make a more open, more competitive, more flexible, to make us a more comfortable inside that union and then to give the british people the in out referendum they deserve. >> thank you, mr. speaker. canada prime minister confirmed that 3.4 million families with someone who is disabled will be worse off as a result of his benefit of operating can't go twice in m
avoidance and tax evasion issues. we need greater transparency about companies and about the land issue. he may even find their are some of the things i'm going to say he might agree with. >> all, he didn't like that. >> will the prime minister cut through the irrelevant arguments come from the other side of the house and give a very simple message to british people, that if we have a conservative government after the next election they will have their say in the referendum on...
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china and the the project the tax it cost over twenty billion u.s. dollars right. thing is it is it raised money or is the taxpayers' money on a tax preparation saw i have we have a large responsibility to the taxpayer and just for that but. the twenty billion dollars so it depends on how much i want each member invest. you're a pretty the horse to cost a member the european union is this more than about a half yes forty five policy here forty five in the european parliament cap the coast it is six point six video you saw. it's the other member of the budget system and i view them as if i'm not mistaken or india japan china russia south korea and the united states and japan. and japan yes yes yes and russia and they all pay about nine percent of the yes correct three nine point one percent do what do they get in exchange for that you would know what will russia get. yes government budget and has their responsibility for to secure the budget. and very important point so the order over the interdiction of property achieved the by the project unanimous it is shared by
china and the the project the tax it cost over twenty billion u.s. dollars right. thing is it is it raised money or is the taxpayers' money on a tax preparation saw i have we have a large responsibility to the taxpayer and just for that but. the twenty billion dollars so it depends on how much i want each member invest. you're a pretty the horse to cost a member the european union is this more than about a half yes forty five policy here forty five in the european parliament cap the coast it is...
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Jan 21, 2013
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there's been $600 billion in tax increases made on the books. that's over $2 trillion in deficit reduction over ten years. doesn't get us all the way there, but it does get us largely about two-thirds of the way there to debt stabilization, at least within a ten-year budget window. >> russ, what do you think? of course, we are approaching this with caution. we know that there's going to be more back and forth. in the middle of it all, we have earnings season. you know, already some people are saying that this anticipation of all of these cliffs, cliff after cliff, has already impacted the earnings period. what are you looking at? what are you seeing from the fourth quarter reporting season so far? it's been a big week obviously this week for financials. >> we're seeing decent performance. i think compliments to corporate america. they've been able to grind out strong earnings growth with a relatively weak recovery. margins remain much higher than people thought. this has helped. we're seeing a recovery in the rest of the world. that's also helpe
there's been $600 billion in tax increases made on the books. that's over $2 trillion in deficit reduction over ten years. doesn't get us all the way there, but it does get us largely about two-thirds of the way there to debt stabilization, at least within a ten-year budget window. >> russ, what do you think? of course, we are approaching this with caution. we know that there's going to be more back and forth. in the middle of it all, we have earnings season. you know, already some people...
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self-imposed out costs from society i will cut myself am i going to tax my brother understand my. immediate. going to leave. the cost of my anger and my frustration. well into the. two most violent gangs in u.s. history. that's just all model kill or be killed with the colors matching the national flag. this country uses. what it chooses and it legitimized the. made in america. news today. these are the images the world has been seeing from the streets of canada. the day. we. welcome back to cross to remind you we're talking about the prospects for the russian economy in two thousand and thirteen ok. let's use a swat analysis here i mean let's look at the russian economy this year what's its greatest strength. i think the room to resources i mean the fact that it's making money and that it isn't any money there's no debts and that puts it in a very comfortable position because you know despite the failures of reform or the lack of reform and some areas russia can afford to get it wrong to make mistakes the strength can also turn into a threat ok take up what do you think its great
self-imposed out costs from society i will cut myself am i going to tax my brother understand my. immediate. going to leave. the cost of my anger and my frustration. well into the. two most violent gangs in u.s. history. that's just all model kill or be killed with the colors matching the national flag. this country uses. what it chooses and it legitimized the. made in america. news today. these are the images the world has been seeing from the streets of canada. the day. we. welcome back to...
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Jan 19, 2013
01/13
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but there's a road to citizenship that you are able to go on if you pay your back taxes, if you have a criminal investigation, you find out there's no crimes, no serious crimes. and you get at the end of the line. but there has to be a path. three, we've got to have family unity as a central core of any policy. you can't deport the parents and leave their 5 million kids here. there are 2 million dreamers. so those are some of the elements of wa we talked about, and i know that the president supports those core elements. we expect there will be bipartisan support for that, as well. >> can you give us a sense of the timing on this? when will we see these plans. >> it's going to depend on the congress, as well. i expect in the next month you'll see these proposals, certainly already, senator mccain and graham and in len dez and others are working together to come up with a comprehensive package. remember, there's been some movement from the republicans as a result of the election. i think they're going to want do it on a bipartisan basis. >> go back to guns for a minute. you listed thin
but there's a road to citizenship that you are able to go on if you pay your back taxes, if you have a criminal investigation, you find out there's no crimes, no serious crimes. and you get at the end of the line. but there has to be a path. three, we've got to have family unity as a central core of any policy. you can't deport the parents and leave their 5 million kids here. there are 2 million dreamers. so those are some of the elements of wa we talked about, and i know that the president...
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Jan 20, 2013
01/13
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how big of a hit from the tax increaseses, payroll tax holiday, and what do those numbers which may be a bit on the soft side do to stocks? >> absolutely. that is the question of the day, isn't it, jared. the ceiling debate, the u.s. set to hit that $16 trillion limit on borrowing in the next month if we haven't hit it yet. let's take a listen to what president obama had to say out the potentialal battle looming congress. >> markets could go haywire, interest rates would spike for anybody who borrows money. every homeowner with a mortgage, every student with a college loan, every small business own whole wants to grow and hire. >> jared, how does this play out? >> well, we're beginning to hear lots of sounds from republicans at we're in a compromising mode than we heard, say, a week ago. right now they're talking about perhaps an increase in the debt ceiling that lasts for a couple of m months, that is offering tt to the president. frankly, and russ say agree with me here, i don't think markets would react to -- very approvingly to basically just another lurch from crisis to crisis. it
how big of a hit from the tax increaseses, payroll tax holiday, and what do those numbers which may be a bit on the soft side do to stocks? >> absolutely. that is the question of the day, isn't it, jared. the ceiling debate, the u.s. set to hit that $16 trillion limit on borrowing in the next month if we haven't hit it yet. let's take a listen to what president obama had to say out the potentialal battle looming congress. >> markets could go haywire, interest rates would spike for...
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cuts need tax cuts not increases i think berlusconi is right. robert mendell thank you very much for your time and your insight on this interview thank. you. i'm here with some investors filming them. i'm here to show you apply a force to buy property in this area and you know george bush. no exception. distinct solution to carry. out your so beautiful little us a lot. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. giant corporations are all. what mystery is hidden deep the nice. says it is welcome here. traps laid for intruders. and the supernatural cannot arise from nowhere. can a human be possessed by the spirit. mistress of the cave on auntie. to the tree out of sight but still on our minds radiation from this still exceeds the norm let's try to live smarter with smartphones you never know what some people are hiding and can't be sure to you probe down to the molecular level learned that what the doctor ordered is often based on secrets under our skin let us shine
cuts need tax cuts not increases i think berlusconi is right. robert mendell thank you very much for your time and your insight on this interview thank. you. i'm here with some investors filming them. i'm here to show you apply a force to buy property in this area and you know george bush. no exception. distinct solution to carry. out your so beautiful little us a lot. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada....
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Jan 23, 2013
01/13
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at the same time tax evasion and tax cuts for the rich did not allow, did not allow us to have a balanced budget all previous years. and so, therefore, when the markets crash in 2008 both spain and greece were heading on the road towards disaster. in spain, just like in ireland, the housing market crashed, prices still, people ended up with homes that were worth less than their loans. many people went bankrupt. when banks started having problems, the government intervened and took on its debts in this way, both banks and government went bankrupt. increase, the government directly went bankrupt because it was the one that had borrowed to a very high degree after words. the governments that had lent money to the state also went bankrupt. and afterwards investors themselves went bankrupt. very soon if the entire country had gone bankrupt. due to the structure of the euro zone where countries without a central bank behind them needed -- bailout of the banks and where the banks needed to continue lending money to bankrupt states, -- there was a domino effect because of the banks that were untr
at the same time tax evasion and tax cuts for the rich did not allow, did not allow us to have a balanced budget all previous years. and so, therefore, when the markets crash in 2008 both spain and greece were heading on the road towards disaster. in spain, just like in ireland, the housing market crashed, prices still, people ended up with homes that were worth less than their loans. many people went bankrupt. when banks started having problems, the government intervened and took on its debts...
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Jan 19, 2013
01/13
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cuts. >> most of that was tax cuts. we sort of started it and then stopped. you can't call it stimulus. that will never sell in washington. >> kate, thank for joining us. principle at apple consultant. christine romans, host of "your bottom line." >>> remember this? what is that? morton gecko in "wall street" was ahead of thiz time with this clunky, heavy, brick phone. flash forward 25 years and it's been replaced by the smartphone. i'll tell you why apple may be losing its hold on the market. >> announcer: did you know there are secret black market websites around the world that sell stolen identities? >> 30-year-old american man, excellent credit rating. >> announcer: lifelock monitors thousands of these sites 24 hours a day. and if we discover any of our members' data for sale, lifelock is there with the most comprehensive identity theft protection available. [♪...] [squealing, crash] call 1-800-lifelock or go to lifelock.com today. a hybrid? most are just no fun to drive. now, here's one that will make you feel al
cuts. >> most of that was tax cuts. we sort of started it and then stopped. you can't call it stimulus. that will never sell in washington. >> kate, thank for joining us. principle at apple consultant. christine romans, host of "your bottom line." >>> remember this? what is that? morton gecko in "wall street" was ahead of thiz time with this clunky, heavy, brick phone. flash forward 25 years and it's been replaced by the smartphone. i'll tell you why...
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Jan 23, 2013
01/13
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no matter your tax rate, contributing to a 401(k) can help you save money on taxes and boost your retirement security. your contributions to a traditional plan are not included in your taxable income, and earnings on roth contributions are tax-free. the good news for savers is that in 2013 401(k) limits go up to $17,500, and employees aged 50 or over can contribute an additional $5,500. but, at the end of 2011, the average account balance in 401(k)s nationwide was just under $60,000. if you're not sure you're doing all you can to lower your taxable wages and secure your retirement, finras new 401(k) save the max calculator can help you do the math to find out. i'm gerri walsh. >> tom: join us tomorrow on twitter for a tweet-up, that's when you meet together on twitter. we'll talk about teaching kids about saving money. alisa weinstein, co-founder of helpkidsfly.org and author of "earn my keep" will be our guest. here's what you do: follow us on twitt at bizrpt, and use the tweet-up hashtag "financial education". that's tomorrow, thursday at 3 pm eastern. susie, we're really looking forward t
no matter your tax rate, contributing to a 401(k) can help you save money on taxes and boost your retirement security. your contributions to a traditional plan are not included in your taxable income, and earnings on roth contributions are tax-free. the good news for savers is that in 2013 401(k) limits go up to $17,500, and employees aged 50 or over can contribute an additional $5,500. but, at the end of 2011, the average account balance in 401(k)s nationwide was just under $60,000. if you're...
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Jan 15, 2013
01/13
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. >> asking barack obama not to be a big-spending, high-taxing liberal is a denial of everything that we've learned about him in his career. it's much better for the house republicans to say, this is what we're prepared to do. there are dozens of places you can dramatically change spending without having to get involved in a general crisis over the u.s. debt. >> does he have a point? do you think this is a message from the former speaker that's worth heeding? >> well, we definitely want to work with president obama, and we're at the beginning of the 113th congress. i would also say that this is our moment, though. the american people know that our economy is struggling right now, partly because of the debt that is impacting american families, hard-working taxpayers all across this country. when president obama was in the senate, when he was a u.s. senator, he voted against raising the debt ceiling. and he said it was a lack of leadership that had brought us to this point. and so i would, at the beginning of this congress, hope that the president would make this a new start, where we c
. >> asking barack obama not to be a big-spending, high-taxing liberal is a denial of everything that we've learned about him in his career. it's much better for the house republicans to say, this is what we're prepared to do. there are dozens of places you can dramatically change spending without having to get involved in a general crisis over the u.s. debt. >> does he have a point? do you think this is a message from the former speaker that's worth heeding? >> well, we...
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self-imposed out costs from society i will cut myself am i going to tax my brother you understand my contact immediately. going to be basically attacked the columns of my anger and my frustration. that. duck into the dome. two of the most violent gangs in u.s. history. is just all model killer to kill with the colors matching the national flag. but this country uses violence when it reaches its and it legitimizes the violence they all made in america on the autopsy. claim. player. play . play. play live. play play. play. play. more news today violence is once again flared up if these are the images go for all of that and seeing from the streets of canada. trying to look for racial to rule the day played. and realized. the big picture. please list. the speed. limits good. luck. and. please. wealthy british style. markets. find out what's really happening to the global economy. for a no holds barred global financial headlines kaiser report on a. couple. if you just joined it's a very well welcome aussie life here in moscow the news continues now it's the fortieth anniversary of america
self-imposed out costs from society i will cut myself am i going to tax my brother you understand my contact immediately. going to be basically attacked the columns of my anger and my frustration. that. duck into the dome. two of the most violent gangs in u.s. history. is just all model killer to kill with the colors matching the national flag. but this country uses violence when it reaches its and it legitimizes the violence they all made in america on the autopsy. claim. player. play . play....
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Jan 16, 2013
01/13
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obama demands the wealthy pay their fair share of taxes but he's an elitist hip prypocr. protection for their kids and gun-free zones for ours. >> that's the ad. it's getting a lot of mileage out there on social media but a lot of people -- why bring the daughters, sasha and malia into this? >> it's not them specifically. >> you mention them specifically. >> we don't mention them specifically. we mention his kids and other kids. they are attending schools that have private security guards. we're not talking about the secret service. david gregory's kids go there, too. send their kids to schools where they have protection and then poo-poo the idea that the average american's children should have the same sort of protection. >> the white house press secretary jay carney, among other people, were very disappointed. they say, most americans agree that a president's children should not be used as pawns in a political fight but to go so far as to make the safety of the president's children the subject of an attacked a is pungent. >> they know the point. the elitist kids safety
obama demands the wealthy pay their fair share of taxes but he's an elitist hip prypocr. protection for their kids and gun-free zones for ours. >> that's the ad. it's getting a lot of mileage out there on social media but a lot of people -- why bring the daughters, sasha and malia into this? >> it's not them specifically. >> you mention them specifically. >> we don't mention them specifically. we mention his kids and other kids. they are attending schools that have...
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Jan 16, 2013
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let me ask you about tax reform. you told politico last week that a, quote, a balanced approach to replacing the sequester with spending cuts and revenue should accelerate tax reform, and i believe it's fully possible this year if we work on a bipartisan basis, unquote. how does that square, sir, with the people who say that tax reform is going to lose out because of scheduling, the need to deal with the debt ceiling, the need to deal with the looming she quester and the house republicans' concern that if they do anything on tax reform, that they may leave themselves up to the senate not to take action, and, therefore, they've taken an unpopular vote for no reason. why are you optimistic on tax reform? >> first of all, we have to resolve this debt can crisis in terms of -- this debt crisis in terms of sequestration and in terms of the full faith and credit of the u.s. in the next six weeks. we aren't going to accomplish tax reform in the next six weeks. so we have a deadline that i think cannot basically be moved for
let me ask you about tax reform. you told politico last week that a, quote, a balanced approach to replacing the sequester with spending cuts and revenue should accelerate tax reform, and i believe it's fully possible this year if we work on a bipartisan basis, unquote. how does that square, sir, with the people who say that tax reform is going to lose out because of scheduling, the need to deal with the debt ceiling, the need to deal with the looming she quester and the house republicans'...
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tax you've got strong balance sheet you have a reform program and yet you know i find when i talk to investors. in the world a significant proportion to say to me things like russia is on the investable you know russia is a place we don't want to invest and i think the thing that would really counteract that would be a launch a number of competitive firms i think that what russia really lacks given it's got such talented people such a big market it's been growing so fast it doesn't have a large enough population of dynamic firms firms such as you know make me to gan decks that are creating new markets in russia and driving change there is going to those companies actually have a good reputation as a thing to take those you know there are success stories significances story there was a paper out recently on foreign direct investment in russia and although it's very low one of the lowest in the region per capita basis is also the most profitable so in a quite country to being on investable is actually one of the most profitable investments you can do in this form the equity markets and
tax you've got strong balance sheet you have a reform program and yet you know i find when i talk to investors. in the world a significant proportion to say to me things like russia is on the investable you know russia is a place we don't want to invest and i think the thing that would really counteract that would be a launch a number of competitive firms i think that what russia really lacks given it's got such talented people such a big market it's been growing so fast it doesn't have a large...
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that there are no losers in this game those who don't because you do rejection after tax administrative and other various of the overall investment climate is improving new jobs at being created to where create a new common market of goods so this is what it was because it. was just a solution by the way that oftentimes we hear at least from political leaders who are going to voters that the customs union and single economic space is an attempt to recreate this on edge when it would this is nonsense. we do fortunately she says no going back in the past look around in the civilian i must look at yourself look at us we have all changed since we're doing and we're all looking into the future you must use good people on the plane but you don't have a clear plan or want to strengthen integration i don't want you to be mutually beneficial but either way it will have to learn both or does it just about the negative lessons. you haven't learned in rwanda our european partners and what confident we shall succeed there are many difficulties in the two benefits that the process offers are immense
that there are no losers in this game those who don't because you do rejection after tax administrative and other various of the overall investment climate is improving new jobs at being created to where create a new common market of goods so this is what it was because it. was just a solution by the way that oftentimes we hear at least from political leaders who are going to voters that the customs union and single economic space is an attempt to recreate this on edge when it would this is...
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Jan 15, 2013
01/13
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CNBC
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the payroll tax holiday was allowed to expire. the fiscal cliff, this isn't a new tax. it's a return of an old tax but it's playing havoc with domestic stocks. so is all of the partisanship that makes our country seem like a mickey mouse place to invest and uncertainty going forward, every single democratic government on earth seems to be better organized and smoother functioning than ours. that uncertainty caused by that lack of confidence and higher payroll taxes might have something to do with the declines we're seeing. telco was a place to hide back in 2012. at&t and verizon saw slow downs. no let up in the subsidies to apple and samsung, we love these companies because they had no europe last year, no china, no mexico. now we wish they had all three and there was business formation. let's focus on the other half of the equation. it's a little more robust, where the money is going. last night china had one more remarkable session. holy cow, courtesy of new attitude. the gold double digit growth is taking up the fxi. follow along, but it is taking up the ancillary ch
the payroll tax holiday was allowed to expire. the fiscal cliff, this isn't a new tax. it's a return of an old tax but it's playing havoc with domestic stocks. so is all of the partisanship that makes our country seem like a mickey mouse place to invest and uncertainty going forward, every single democratic government on earth seems to be better organized and smoother functioning than ours. that uncertainty caused by that lack of confidence and higher payroll taxes might have something to do...